I & R BUSINESS CONSULTANCY SERVICES​​​​
Our Services
Accounting Services
Timely and accurate financial information is crucial for company to maintain a competitive advantage in today's dynamic business environment. We provide a full range of computerized accounting services for companies that require a proper and complete set of financial statements.



Accounting services is comprised of:
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  • Full set accounts on monthly, quarterly or year basic
  • Maintenance of general ledger,
  • Maintenance of accounts receivable ledger
  • Maintenance of accounts payable ledger
  • Group consolidation and preparation of annual report
  • Prepare financial reporting packages for management
  • Preparing bank and other account reconciliation for audit schedules
  • Compilation of unaudited financial statements
Bookkeeping Services
Maintaining a general ledger is one of the main components of bookkeeping. The general ledger is a basic document where a bookkeeper records the amounts from sale and expense receipts. This is referred to as posting and the more sales that are completed, the more often the ledger is posted. A ledger can be created with specialized software, a computer spreadsheet, or simply a lined sheet of paper. The complexity of a bookkeeping system often depends on the the size of the business and the number of transactions that are completed daily, weekly, and monthly. All sales and purchases made by your business need to be recorded in the ledger, and certain items need supporting documents.



Bookkeeping services is comprised of:


  • Record the transactions into the accounting system based on the documents and information provided
  • Record adjustments required by the management or auditor
  • Preparing the bank reconciliation statement
  • Recording financial transactions
  • Posting debits and credits
  • Producing invoices
  • Maintaining and balancing subsidiaries, general ledgers, and historical accounts

Company Incorporation


When setting up a business in Singapore the first consideration is decide on the right business entity that will meet your business needs.  I & R Business Consultancy Services team will assess your business needs and advise on the right business entity. It is always true that getting start right makes your subsequent journey a lot more smoother this applies to business set up.



Our services for company incorporation (registration) includes:


  • Conduct company name search
  • Documentation of directors and shareholders’ detail in accordance to ACRA
  • Professional service for name application and incorporation
  • Share certificates
  • Common seal
  • Minute book & statutory registers
  • Memorandum & Articles of Association
  • Assisting in Opening of first bank account



 Most common business entities available in Singapore are:


  •  Sole Proprietorship
  •  Partnerships, Limited Partnerships
  •  Limited Liability Partnership
  •  Private Limited Company.
Corporate Secretarial Services
Our team deals with each business within its own context understand that some industries and sectors are highly regulated and it can be challenging to navigate the complex requirements of corporate compliance in Singapore. It is a requirement for all incorporated companies in Singapore to appoint a company secretary within 6 months of the incorporation.  




Provide the following corporate secretarial services:



  • Preparation of directors’ resolution and AGM for annual filing purpose
  • Filing of annual return with ACRA
  • Changes in the officers of the companies
  • Change of registered office
  • Change in financial year end
  • Opening / Closing of bank accounts
  • Change of bank mandate








 
Consultant and Advisory
Consulting & advisory services provide strategic thinking and advice on the most valuable ways to enhance your business effectiveness. Services that help implement changes within your company to accomplish specific goals, either on a project or a long-term basis, by analyzing your needs and managing development, implementation and training until it is completed. We are well-positioned to help local and foreign entrepreneurs set up their businesses in Singapore. Our wide areas of expertise enable us to support the entrepreneur to set up the business in the shortest possible time.




  • Establishment of Onshore and Offshore Companies, or Representative Offices
  • Provision of Nominee Directors and Shareholders
  • Application for Working Passes for Expatriates
  • Application for permanent resident
  • Application of Workpass/S pass/EP
  • Assistance in search for Office Premises and Recruitment of Staff
  • General & Office Administration
  • Business Process Management
  • Human Resources Consulting. Services that focus on the process of effectively using your company’s personnel to obtain your organizational goals.
  • Technology Consulting.  Services designed to ensure the security and efficiency of your IT environment and operations, which in turn reduce risk of loss, improves the overall flow of business, and addresses any required compliance with data regulations in your industry.
  • Risk.  Services that help you identify, assess, and manage current and future business risks, measure and monitor the effectiveness of your risk management strategies, as well as minimize risk by improving efficiency, reducing costs and ensuring regulatory compliance. 
PayRoll Services
Outsourcing payroll operations can offer small businesses an attractive and valuable alternative to managing payroll internally. Outsourcing payroll alleviates the time employees spend calculating payroll, determining tax obligations, CPF, preparing checks and providing management reports.



We provide the following quality payroll services:



  • Payroll processing
  • Preparation of itemised payslips
  • Monthly CPF submission
  • First time CPF set-up and submission of Form 1/GIRO
  • Monthly payroll administration and management report
  • Calculate & filing of monthly statutory contributions (CPF, SDL, FWL, CDAC, SINDA and MBMF)
  • Filing of year-end income & preparation of tax reports
  • Filing of IR21 (foreign worker tax clearance)
  • Electronic submission for NS Men Make-Up Pay, Maternity and Child Care Claims
  • Salary crediting into employee's bank account and statutory payments
  • Leave and expense claims administration
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Taxation 
​A range of services designed to help you and your business report to tax authorities in a timely and accurate way, while minimizing tax liabilities on your business or your company profits. Your firm or you, as an individual, might wish to be assisted in tax planning, as part of our taxation services, to better minimize your tax liabilities, legally (that is tax avoidance).




Providing the following taxation services: 


  • GST Submission
  • Corporate Taxation
  • ECI Form
  • Form C Submission
  • Form C-S Submission
  • Preparing & Submitting Income Tax Return
  • Sole Proprietor/Partnership Taxation
Business Address
If you are looking to start a business and need a nice business address without the risk of having an office space, Virtual Office Singapore is the right provider for you. You can use our prestigious business address that is located in the heart of Singapore - Chinatown is far more accessible and there are ample amenities to suit any type of business activities. Moreover, you can use our virtual office address as your registered business address, so that you can register with ACRA (www.acra.gov.sg).

Business Address
Usage for Business Registration / Company Incorporation
Usage for Business Correspondence (ie. Name Cards, Letterheads, Website)
Operates Monday to Friday, 9.30 AM to 6.30 PM

Mail Handling (Working Day)
Receive Incoming Mails (Letters & Parcels)
Weekly Alert via Email (and SMS if local mobile number provided)
Self-Collection for Mails (Please call in advance at least 3 business days for collection)
Quick Deposit of Enclosed Cheques * Surcharge applies
For Premium Customers Only: Mail Forwarding via SingPost or Express Couriers (Fedex, DHL, UPS, etc)
* Surcharge applies



Singapore Auditing Services
(By our affiliated CPA firm)
Our affiliated CPA firm provides auditing services and assurance service for a wide range of industries for small and medium-size enterprise, multinational corporations and subsidiaries of local and overseas listed companies include:
 
•    Statutory audit
•    Internal audit
•    Special audits

Statutory audit service

Our assurance approach does not focus simply on the financial statements of an organization, but also on the organization's business operations. At all times, we are mindful of the auditor's key role as the guardian of 
shareholders’ interest. 

Internal audit services

Internal audit is a key driver of effective management control, proactive risk management, good corporate governance and ongoing process improvement.

Our comprehensive ranges of internal audit solutions include: 

•    Helping organizations develop and implement risk based internal audit methodologies 
•    Helping firms carry out risk assessment evaluation and testing 
•    Providing specialized additional resource to in-house internal audit departments 
•    Liaising with external auditors in relation to their annual statutory audit procedures 

Special audit  service
A special audit review entails a comprehensive and objective examination of the business underlying the numbers. It assists management to identify and focus on key areas and issues and provides insights and comfort to them as well as to outside interests.